Dassault Systemes Correlations
| DASTF Stock | USD 37.88 0.53 1.42% |
The current 90-days correlation between Dassault Systemes and Adyen NV is 0.16 (i.e., Average diversification). The correlation of Dassault Systemes is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Dassault Systemes Correlation With Market
Significant diversification
The correlation between Dassault Systemes SE and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dassault Systemes SE and DJI in the same portfolio, assuming nothing else is changed.
Dassault |
The ability to find closely correlated positions to Dassault Systemes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dassault Systemes when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dassault Systemes - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dassault Systemes SE to buy it.
Moving against Dassault Pink Sheet
| 0.44 | INTU | Intuit Inc | PairCorr |
| 0.38 | COIN | Coinbase Global Earnings Call Next Week | PairCorr |
| 0.36 | DD | Dupont De Nemours Earnings Call This Week | PairCorr |
| 0.32 | GITS | Global Interactive Symbol Change | PairCorr |
| 0.47 | PFE | Pfizer Inc | PairCorr |
| 0.42 | AXP | American Express | PairCorr |
| 0.41 | JPM | JPMorgan Chase | PairCorr |
| 0.4 | CAT | Caterpillar | PairCorr |
| 0.38 | IBM | International Business Earnings Call Tomorrow | PairCorr |
| 0.37 | INTC | Intel Earnings Call This Week | PairCorr |
| 0.36 | T | ATT Inc Earnings Call Tomorrow | PairCorr |
| 0.34 | DIS | Walt Disney | PairCorr |
Related Correlations Analysis
| 0.84 | 0.19 | 0.74 | 0.24 | 0.66 | ADYYF | ||
| 0.84 | 0.36 | 0.77 | 0.22 | 0.77 | CAPMF | ||
| 0.19 | 0.36 | 0.33 | 0.31 | 0.34 | MRAAF | ||
| 0.74 | 0.77 | 0.33 | 0.63 | 0.7 | OONEF | ||
| 0.24 | 0.22 | 0.31 | 0.63 | 0.43 | ROWKF | ||
| 0.66 | 0.77 | 0.34 | 0.7 | 0.43 | SAPGF | ||
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Risk-Adjusted Indicators
There is a big difference between Dassault Pink Sheet performing well and Dassault Systemes Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Dassault Systemes' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ADYYF | 2.16 | 0.04 | 0.01 | 0.19 | 2.58 | 4.63 | 10.17 | |||
| CAPMF | 1.81 | 0.08 | 0.03 | 0.24 | 1.84 | 5.03 | 9.97 | |||
| MRAAF | 6.17 | 0.58 | 0.05 | (3.38) | 7.51 | 14.53 | 35.61 | |||
| OONEF | 5.72 | 1.60 | 0.20 | (4.45) | 4.83 | 15.00 | 35.58 | |||
| ROWKF | 2.62 | 1.20 | 0.00 | (1.81) | 0.00 | 5.26 | 45.83 | |||
| SAPGF | 1.32 | 0.10 | 0.07 | 0.23 | 1.47 | 3.34 | 10.77 |
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Dassault Systemes Corporate Management
| Rouven Bergmann | CFO VP | Profile | |
| Sgolne Moignet | Co Counsel | Profile | |
| Victoire Margerie | Marketing Equity | Profile | |
| Laurence BaucherBarths | Ex Officer | Profile |